The FinTech Hub
Source: Live Mint Top News 1/India’s Goods and Services Tax (GST) collections for January 2025 reached ₹1.96 lakh crore, marking a significant 12.3% year-on-year growth compared to January 2024. This surge reflects increased economic activity, improved compliance, and stricter enforcement measures by tax authorities. The robust growth in GST revenue indicates strong consumption trends, business…
Source: Live Mint Top News SEBI has launched MITRA, a centralized platform to monitor and manage inactive MF folios Supervised by leading registrar and transfer agents, CAMS and KFin Tech, MITRA aims to enhance investor protection by identifying and addressing dormant folios. The platform helps track unclaimed dividends, unredeemed units, and other inactive investments, ensuring…
Source: Live Mint Shares of Vakrangee, a LIC-backed penny stock, were locked in their 5 percent upper circuit at ₹16.71 on Friday, February 14, following the Reserve Bank of India’s (RBI) decision to renew its authorisation for White Label ATMs. This marked the second consecutive session that the stock hit its upper circuit. In an…
Source: Live Mint Shares of pharma major Lupin rebounded from their day’s low after the company posted strong financial results for the quarter ended December 2024 (Q3 FY25). The stock initially fell by 3.2 percent to an intra-day low of ₹2,000.10 in early trade but later recovered by almost 6 percent, reaching day’s high of…
Source: Live Mint Dividend Stock: Cochin Shipyard Ltd, Hero MotoCorp Ltd, ITC Ltd, Torrent Power, Man Infraconstruction Limited, TCI Express Ltd, Expleo Solutions Ltd , Minda Corporation Ltd are among 10 stocks in focus to trade Ex dividend today The record date for determining the names of the members eligible to receive dividends from these…
Source: Live Mint Shares of Eicher Motors fell nearly 7 percent in intra-day trading on Tuesday, February 11 post its December quarter results (Q3FY25) after global brokerage firm Goldman Sachs reduced its target price following the company’s Q3 FY25 earnings. Goldman Sachs maintained a ‘Buy’ rating on Eicher Motors but revised its target price downward…
Source: Live Mint Top News SEBI unveils framework for safer retail participation in algorithmic trading SEBI has introduced a regulatory framework for retail algorithmic trading through brokers, effective August 1, 2025. The framework requires brokers to oversee API-based algo trading, empanel algo providers, and ensure compliance with stock exchange norms. Brokers must review, approve, and…
Source: Live Mint You and I and everyone else is chronically online. Kittens and puppy videos are so basic, we share cringe content with our besties. So when Bollywood realises that the cop uniform on every actor is no longer working for anyone, they run Southwards. This time to Tamil cinema to borrow a love…
Source: Live Mint Alembic Pharmaceuticals posted its results for the quarter ended December 2024 (Q3FY25). Its consolidated net profit tumbled 23.29 percent to ₹138.42 crore in Q3 FY25, compared with ₹180.45 crore posted in Q3 FY24. However, revenue from operations was at ₹1,692.74 crore in the third quarter of FY25, up 3.81 percent year on…
Source: Live Mint Top News SEBI Mandates Evaluations for Market Infrastructure Institutions to Ensure Transparency and Efficiency The Securities and Exchange Board of India has mandated external and internal evaluations for Market Infrastructure Institutions and their statutory committees. This move aims to enhance transparency, governance, and performance efficiency in financial markets. The evaluations will help…
